Business Wire
28 May 2026, 21:30 UTC · 1h ago
Source · https://www.businesswire.com/news/home/20260528666305/en/Exchange-Bank-Announces-Common-Stock-Repurchase-Program-and-Declares-Second-Quarter-Cash-Dividend/
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Exchange Bank (EXSR) has authorized a new common stock repurchase program of up to $8.7 million. — Share buybacks typically increase earnings per share and signal management's confidence in the company's valuation.
+0.40The share repurchase program is authorized to run through June 30, 2027. — The extended timeframe provides a long runway for execution but reduces the immediate urgency of the buyback.
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The company announced a new common stock repurchase program of up to $8.7 million.
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